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Polychem - Quaterly Results

08 Aug 2023 Evaluate
Net sales declined -12.10%  to  Rs. 88.52 million from Rs. 100.71 millions.Profit for the quarter ended June 2023 rises by 61.04% to Rs. 12.11  millions from Rs. 7.52 millions.Operating profit surged to 17.39 millions from the corresponding previous quarter of 9.11 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 88.52 100.71 -12.10 88.52 100.71 -12.10 352.19 204.25 72.43
Other Income 3.61 0.23 1469.57 3.61 0.23 1469.57 4.95 38.67 -87.20
PBIDT 17.39 9.11 90.89 17.39 9.11 90.89 52.11 36.49 42.81
Interest 0.18 0.14 28.57 0.18 0.14 28.57 0.62 0.44 40.91
PBDT 17.21 8.97 91.86 17.21 8.97 91.86 51.49 36.05 42.83
Depreciation 1.92 0.97 97.94 1.92 0.97 97.94 5.48 4.73 15.86
PBT 15.29 8.00 91.12 15.29 8.00 91.12 46.01 31.32 46.90
TAX 3.18 0.48 562.50 3.18 0.48 562.50 8.79 -1.00 -979.00
Deferred Tax -0.02 0.07 -128.57 -0.02 0.07 -128.57 -0.17 -1.00 -83.00
PAT 12.11 7.52 61.04 12.11 7.52 61.04 37.22 32.32 15.16
Equity 4.04 4.04 0.00 4.04 4.04 0.00 4.04 4.04 0.00
PBIDTM(%) 19.65 9.05 117.18 19.65 9.05 117.18 14.80 17.87 -17.18
Peers
Company Name CMP
Godrej Industries 1099.35
SRF 2534.10
BASF India 3572.95
Pidilite Inds. 1570.55
Tata Chemicals 674.00
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